In 2024, Schaeffler India completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
However, Schaeffler India has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 8,886.1a | 8,864.4a | 6,568b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 0a | 55,088a | 75,984b | |
Total Scope 3 | 332,223.1a | 359,006.3a | 703,383b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 9.2922a | 10.0616a | 8.0699b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Schaeffler India amounted to 8,886.1 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Schaeffler India decreased by 86.11%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Schaeffler India were 8,886.1 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Schaeffler India's Scope 1 emissions have increased by 35.29%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Schaeffler India's Scope 1 emissions remained relatively stable, indicating that Schaeffler India's emissions have plateaued with no significant change in its operational footprint.a
In 2024, Schaeffler India reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e without specifying the calculation method.a
Since 2022, Schaeffler India's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 100%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Schaeffler India's Scope 2 emissions (Unspecified Calculation Method) fell by 100% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Schaeffler India reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Schaeffler India reported 332,223.1 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Schaeffler India includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Schaeffler India reported total Scope 3 emissions of 332,223.1 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Schaeffler India's Scope 3 emissions have decreased by 52.77%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Schaeffler India's Scope 3 emissions remained relatively stable, indicating that Schaeffler India's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Schaeffler India reported Scope 1 greenhouse gas (GHG) emissions of 8,886.1 tCO₂e and total revenues of USD 956 millions. This translates into an emissions intensity of 9.29 tCO₂e per millions USD.a
In 2024, Schaeffler India reported a Scope 1 emissions intensity of 9.29 tCO₂e per millions USD. Compared to the peer group median of 18.37, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Schaeffler India ranked 9 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Schaeffler India is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Schaeffler India reported a total carbon footprint of 341,109.2 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.35% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Schaeffler India's total carbon footprint was Scope 3 emissions, accounting for 97.39% of the company's total carbon footprint, followed by Scope 1 emissions at 2.61%.a